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Issue Date:Nov 7 2017 12:00AM     Price in Rs. R 6500    Price in USD. $ 100
    

Ahmedabad based Plastene India Limited of packaging plastics like FIBC, poly woven sacks, woven fabrics, master batches, fillers, multifilament yarn and webbings.

 

The company was incorporated in 1998. It has 4 directors – Prakash Parekh (managing director), Champalal Parekh (chairman), Major Parvesh Suri, Mahesh Bhandari. The company is part of 'Champalal Group' of companies.

 

For the year ended Mar’16, the company reported standalone revenue of INR 8.3B (~USD 129m), EBITDA margin of ~10%, but net profit of Rs 128m (USD 2m).

 

The company had made an ill-fated attempt to do an IPO in 2012. It was too small at that time for an IPO, and the market conditions were not conducive either.

  • Company Background
  • Business Highlights
  • Financial Performance
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  • Board of Directors
  • Financial Summary
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  • Balance Sheet
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